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"morning joe." now time for "the daily rundown". >>> big disappointment on the job front. employment stalled, unemployment rises to 9.2%, stock futures dropping big-time on the news. the president will address the numbers later this morning. >>> no deal yet, but president obama and congressional leaders will work all weekend and instead of barbs we're hearing words like "constructive" and "productive." optimism abounds as a deal is truly in the works. both sides seem prepared for seergs concessions. what do these jobs numbers mean and will they hold up a deal as it gets rid of a lot of other issues at this point? >>> and with outside groups set to pour millions into the 2012 race, what's an incumbent pro president to do? is fighting fire with fire the answer? it's friday, june 8, 2012. >>> also this morning, waiting the final shuttle launch. will weather clear in time? and we've honored a departed friend you've invited into your living rooms for decades. >>> this jobs report, we thought the big news today would be the debt talks, but a stunning jobs report, gain of just 1
not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
with the big debt talk. congressional leadering returning to the table this morning, after the grand bargain broke down last saturday and a tense 75-minute meeting last night failed to move negotiations forward. at 11:00 this morning, the president will hold a news conference to press publicly for his big deal. yesterday, his top economic adviser said the u.s. is out of options. >> we make 80 million checks a month to americans, 55 million people on social security benefits, millions more americans on veterans benefits, medicare, medicaid. people who supply our troops in combat. on august 2nd, we're left with cash on hand and the cash we take in. there is no credible way to give congress more time. there's no constitutional option, there's no delay option, there's no creative financial option. they have to act by the 2nd. >> no constitutional option, 14th amendment, off the table. here's what we know, debt talks appear to be at an impasse and here's why. the president is still pushing a big deal. democrats say the fallback plan, this $2 trillion plus package that was partially negotiated in
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
as well. so we need to do something big. >>> plus, decline of an empire? murdoch makes the cover of "time." the uk makes another arrest. and u.s. lawmakers demand investigations into news corp's actions here at home. >>> strikeout. why did the judge just declare a mistrial in the roger clemens' perjury case? >>> good day. i'm andrea mitchell live in washington. it's round five of the debt talks today. coming off the most heated exchange yet in the debt negotiations between president obama and republican leaders. eric cantor says the president all but stormed out of the last meeting. democrats have a different story. their version is that in fact, it was the republicans' fault. major garrett is congressional correspondent. here we are unveiling the cover as we do every week of the "national journal." let's talk about these negotiations. we've got he said/he said, basically. you have two sides accusing each other of storming out. it clearly got a little bit testy. >> it got testy -- >> we're told cantor interrupted the president several times. >> eric cantor was persistent, i'm sure. eric c
very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were pedalling a bid on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under control. but to do that, we have to have some shared sacrifice
, but this is a grave moment for the country. we need to do something very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were back pedaling a bit on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under
as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive conversations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there co
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
that would have reduced spending by $4 trillion over the next decade. but if mr. boehner wanted to do a big deal, the majority leader eric cantor threw cold water all over it saying that the congressional republicans would reject any revenue increases as part of the deal. as for the president, he said that he is willing to take political hits from his own party, but not at the expense of struggling americans. >> i am prepared to take on significant heat from my party to get something done. i expect the other side should be willing to do the same thing if we are going to actually solve the problem, there are finite number of ways to do it. if you don't have revenues, it means you are putting more of a burden on the people who can least afford it. that's not fair. >> nbc's kristen welker is live at the white house. kristen, the president spoke about his willingness to take in his words significant heat from his own party in reaching a compromise, and he was clearly suggesting that the republicans must do the same, but will they? >> well, it is an interesting question at this point the two sid
with the debt ceiling being raised, no real big agreement on spending and taxes. all that's left now is about a week of political posturing. plus what would happen politically if no deal was reached and the u.s. does default? would voters blame the president for a faltering economy or hold republicans responsible for refusing to make a deal? the answer to that could determine who wins the 2012 election. also, let's go to the videotape. michelle bachmann's husband denying that he ever referred to gays as barbarians, despite the tape that indicates differently, referring to gays as barbarians. we have the full tape on that, and that tops our 2012 coverage tonight. and the drip, drip, drip of the rupert murdoch scandal continues. first, rebecca brooks, the head of newspaper operations on the other side of the pond resigned. and late this afternoon, we learned the ceo of dow jones, which publishes murdoch's "the wall street journal" here in america is stepping down. can murdoch himself stop the scandal completely overwhelming his empire? findly, kumar, as in harold and kumar, is leaving the white
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
or not the italian banks have enough cash on their balance sheets. we've seen quite a big turn-around in the market. many stocks opening lower by as much as 5% to 10% and now trading in positive territory after the finance minister, the economy minister is heading back to rome from brussels and will be looking at the austerity measures and pushing them through. >> we know yesterday the dow down 151 points, the biggest drop in over a month. thanks so much for bringing us up to speed, we appreciate it. >>> else where, hundreds of syrian government protesters stormed the u.s. and french embassies in damascus, the protesters smashing windows and spray-painting walls with obscenities aimed at the american ambassador. guards at the french embassy fired into the air to ward off the demonstrators there. some warning shots. the violence and tension follow as visit by the american and french ambassadors to the city of hama, stronghold of opposition to the president. during a joint press conference at the state department, secretary of state hillary clinton warned assad about inciting future attacks. >> presi
a lot to talk about. big news over the budget and deficit reduction. president obama is rejecting calls for a short-term hike. he made a rare appearance in the press room. he's challenging them to seize the moment and cut a deal. >> i don't think the american people here sent us here to avoid tough problems. it's, in fact, what drives them nuts about washington. when both parties simply take the path of least resistance. i don't want to do that here. i believe right now, we have a unique opportunity to do something big. to tackle our deficit in a way that forces our government to live within our means. still allows us to invest in that future. >> all right. sounds good. sounds hopeful, it does. maybe something will get done, like everyone is going to come in. less than an hour after the president's invitation, john boehner missed the discussions saying a deal won't pass in the house, if it includes tax increases. he said, i'm happy to discuss the issues at the white house, but the discussions are fruitless until the president recognizes economic and legislative reality. >> that doesn't
. >>> the big business of gay marriage. one day before same sex couples tie the knot in new york, how some companies are planning to cash in. >>> good morning, everyone. i'm alex witt. welcome to msnbc saturday. we have two developments in two deadly attacks carried out in norway that left 91 people dead. police have one man in custody suspected in both attacks. one was a bomb set off in downtown oslo, and the other happened not long after when a gunman went on a shooting spree at a teen summer camp at an island outside of oslo. martin fletcher joins me on the phone from oslo. martin, let's talk about what police are revealing about the suspect. what do they know? >> reporter: well, alex, he's 32 years old, and he's a norwegian. interestingly on his facebook page he updated his facebook page just a week ago, and on that he called himself a conservative and he called himself a christian and he said his favorite hobby was hunting. so this paints a picture of a man who seems to be -- well, how can you describe such a person? radical of some kind. the police are saying it looks like it was the
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
wants 100%, then we can't get anything done. >> the president goes big, republicans go backwards. >> i have bent over backwards to work with the republicans. >> the one thing he won't accept is a short-term solution. >> boehnor's people and republicans on capitol hill say they are ready to eat the peas, but the peas can't have flavor of tax increases. >> speaker boehnor is caught between the tea party and catastrophe. >> he basically caved in on saturday night after pressure from eric cantor. >> he has the power in the house. >> what can you tell me about the relationship between speaker boehnor and eric cantor? >> senator dick durbin joins me. >> john boehnor is along for the ride. >> not all republicans believe the united states will default. >> i will be voting no on increasing the debt ceiling. >> these are ignorant people feeding lies to their constituents. >> dr. evil only asked for $1 million. >> tax pledges aren't the only problem for the republican candidates. >> did two republican hopefuls really sign a pledge suggesting a return to the days of slavery? >> the marriage vow. >
think speaker boehner has been very sincere about trying to do something big. i think he'd like to do something big. his politics within his caucus are very difficult. >> well, here's what he means. in a new poll, we see the complicated political caucus they are dealing with. the number of americans who are very concerned about default has ticked up seven points in the last two months. then it was just 35% believe not raising the limit and risking default was worse than raising it and potentially spurring more spending. now 42% see greater risk in a potential default, 47% are more concerned about lifting the limit but the gap has narrowed. that gets you talking about the education of the public in the last two months. look at the republican side. the folks who have been more engaged in this debate since the outset, the numbers have only hardened. 66% of republicans are more concerned with raising the debt limit compared to 60% in may. that number rises to 75% among republicans who identify with the tea party. so this is the issue. and speaker boehner has said he would only raise the d
this theater for however long it's been now really pumps it up. i never thought there was going to be a big deficit or debt reduction deal between the two parties because it's not in the interest of either party. i think the republicans were tactically terrible because they allowed obama to sort of portray himself or present himself as the one who is above the fray and who is interested in making the most cuts to the budget and to the debt going forward. and then making it appear, not appear but it's true, the republicans are walking away from a real deal to cut spending in this country. also, it gave obama and the democrats a chance to spotlight the republicans position on taxes. there's no way to get a handle on budget deficits over the long term debt without raising somebody's taxes. >> if this is raising the white flag, if this is going against the base, what is the difference between this and cutting a deal on tax loopholes and other things that would not impact their message overall. what makes this better? >> this is horrible. >> it's stupid. >> it's a nightmare. it's cynical. the se
to the republicans? hell, it is a blank check. i mean, it ain't $4.7 trillion. you know how big this is? this is bigger than the health care bill and the stimulus package two times over. this is the largest can cut that's ever been proposed by any president in the history of the united states. and boehner turned it down. now, you tell me, do you think they really want to do a deal? now, this ship has left the harbor. but at a time, this is where the president was ready to go. and to visualize that and what it means to the american people is amazing. and what does boehner do? he comes back on national television and says that it's president obama who is creating the crisis atmosphere. >> obviously, i expect that bill can and will pass the senate and be sent to the president for a signature. and if the president signs it, the crisis atmosphere that he has created will simply disappear. >> let's see. i've never written one of these before. four -- how do you do that? do you just put a point there or do you do that? i've never written one this big. four point seven trillion and zero dollars
to comment until you see some specifics. i think that the bottom line is in terms of an overall deal, the big holdup here is the fact that republicans have kept revenues off the table completely, even eric cantor yesterday, people said well, it's a great thing he says maybe he'll do a few of these egregious loopholes in the law, corporate jets and yachts and stuff like this, but even there, he had another loophole put in the law and none of the money that would be -- that comes from closing these loopholes would be used to reduce the deficit. so it's one step forward, two steps back. if republicans are willing to entertain serious revenues, there's a real chance for a big deal. if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and
, here's where things stand. there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in public office before. >> yes,
is terribly unfair. >> just about one minute left. take us to the big picture between the don 'nique strauss-kahn case, and everyone jumped to judgment about a character, unsavory, but may not be guilty of what he was charged with. is there a bigger constitutional lesson in this, savannah, about the presumption of innocence a day after july 4th we should take pride in? >> take pride in our jury system. the fact the prosecutors have to put on a case beyond a reasonable doubt and also something for people to consider is what your notion and concept of justice is. casey anthony was acquitted in a court of law, but i wonder about the life she'll have from now, and i think about another verdict, 15 years ago, people thought was a miscarriage of gist is, o.j. simpson. think about what happened to him in the years that followed. so we'll have to wait and see. i don't think this is the end of casey anthony's story. >> i think in both cases the system seems to have worked in that prosecutors were able to pursue the truth and in one case you have an acquittal. the other case probably a dismiss when th
get something done. there's a real big problem here inside the republican conference, and nobody on the democratic side should be held responsible for that. we are together on the democratic side. we want to get this thing done. we want to put skin in the game, and we seem to be getting pushed back on every front, from the republican side. and that is a real, real big problem. somebody ought to be speaking for the republican party on this issue. >> congressman jim clyburn, thank you so much for being here this morning. >> thank you. >>> president obama proves he's still a prolific fund-raiser. wait until you hear how much money his campaign officially raised with the dnc in the second quarter. that coming up in five minutes. but we've got some breaking news right now. police say three explosions have rocked mumbai, india. it happened in a crowded neighborhood in the central part of the city. the other two blasts hit a famed jewelry market and a busy business district. no word yet on any injuries or deaths. we are working to get more information. we'll have more updates as they be
a long way. there's a big difference between requiring higher co-payments for a wealthy medicare recipients than saying everybody in medicare will pay $6500 more, which is the ryan plan. but president went that distance. and i think boehner went back it his caucus. he couldn't get the support. and so the speaker has now become a mouth piece for the tea party. and you're right and dana's right, i think in the end there has to be a deal, maybe there won't be, there has to be a deal, but it will come at the very last second. >> president may have said, let me throw it all on the table. let me rising everything. let me, as he said, show tough leadership. and they still wouldn't do it and maybe it was a chess move to show no matter what, this is about trying to bring a president down than to lift a nation up. could that have been the strategy, dana? >> you know, well, look, the president did give -- how much more could he have done? he gave the republicans everything they were looking for with the exception of saying, hey, come on, give me some face-saving gesture here. give me someth
holidays of the year. more politics ahead with cenk uygur. >> big banks, big money. republicans aren't even pretending to root for the little guy any more. tonight, the gop is brazen in their efforts to protect the rich. now long can this party go on before it implodes? >>> minnesota democratic governor shows how you fight back against republicans. do we have a new progressive hero? >>> plus the dominique strauss-kahn trial falls apart. >>> does fox news start in the nix yop white house? we have the amazing report straight from the nixon library. >>> welcome to the show, everybody. i'm roo i'm cenk uygur. we have an awesome show tonight. >>> all right, we are the party of the rich. guys came out and said you are for corporate jets, oil subsidies were for the rich. they basically came out and said yes. look at them defending all those programs right here. >> the president is singling out expensive airplanes is not the folk usts issue we are debating here. >> you see the most ugly devicive press conference i think i have ever seen from a president. offered no solutions. other than let's tax r
warned failing to reach a deal would be catastrophic. >> we need to do something very big, very substantial to bring our long-term deficits down. >> arizona congressman is the co-chairman of the house progressive kau sus. thanks for joining us today. i want to play a little bit more sound from the president during his news conference and i want to get your thoughts. >> thank you. >> i do not see a path to a deal if they don't budge, period. if the basic proposition is it's my way or the highway, then we're probably not going to get something done because we've got divided government. >> how did he do? is the president digging in his heels? who do you think will blink first? >> i hope that essential programs that democratics have been supporting that we feel have been the only things that have been talked about, social security, medicare, medicaid that i hope he does dig in his heels. there has to be revenue generation. the tax policies of the republicans have got us into this mess, into this debt there is no job creation going on regardless of those tax cuts. we need jobs that's
? >> well, i think that the state, for all the negative we say about the defense, the state has a very big burden to meet here and i'm not sure they're going to to prove first degree premedicated murder. that carries death. they're going to have to prove that the 84 searches on the computer were premeditation. chloroform searches, neck breaking searches, internal injury searches. they're going to have to tie that to casey as the premeditation for doing away with her daughter. the defense, oh, alex, i can't pick one thing that they need to concentrate on. the big ugly umbrella hanging off the defense for their closing is their opening statement. it was so full of assertions that were not proved that i just don't know how they're going to recue the mess. >> how long are they supposed to present these closing arguments? this is not going to be a quick open and shut. we have a death penalty potential here. >> right, the prosecution said early on, the lead attorney, really good attorney, that her presentation would take about a day. we have jury instructions, too, which i hate to say, it's the
are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got that done, would that be enough? then paul ryan said, no. we need a fundamental tr
guns on something he's done his entire presidency, which is when there's a big bill that needs to get through congress, whether health care, whether the stimulus or whether this, he lets congress handle the details. he doesn't present his own legislation. he doesn't say here's my plan. let's amend from this. it's instead, trying to let's grab a piece here, let's grab a piece there. let congress do all the talking. we'll see. it is one of those debates that takes place among folks that observe this president from the outside wondering why does he keep doing it this way. who will win the battle long term? john boehner and harry reid teed up that fight yesterday. >> two groups of people from two different planets who barely understand the language of the other one. they're two remarkably different visions for what the appropriate role of the government should be in our society. how our country operates. it's stark and it would shock most americans. >> any time around here with the new tea party philosophy, they seem to think they have an all-knowing wisdom about the constitution. in shor
. but that could be a fer mat where you have not the grand barring of an huge cuts and big structural change but something smaller more likely to help the country limp bat of the deadline and then maybe start talks for a broerd change for social programs and the tax base. but this is a dire circumstance because there is so much hope about the cooperation between the speaker,er ek cantor and the president, and geithner. a serious impasse. the president will be able to tell us more when he comes to the microphone. i was told the president received a phone call within the last half hour or so and hill leaders just hearing about it today as well. and a lengthy letter going out to house colleagues saying there was never a deal, it was never close and they are breaking this off. >> this could also be speaker boehner feeling the pressure of the tea party. >> certainly. >> -- caucus in the house. and clearly if he is saying that gang of six proposal, we certainly haven't confirmed it, this could be him having to bow to pressure in his own caucus from some of tea party freshmen and the like. >> every
. there's supposedly meetings between the white house and senate and big game players later this beak. in erms the of a deal we're getting a real date, not necessarily august 2nd, but july 22nd. why? there's a ten-day period needed for the congressional budget office to score any type of compromise as well as you're going to have to sell this compromise to the members. house republicans have been steadfast they don't want any tax increases to consider any type of compromise. speaker boehner needs some time to sell that to his members. >> you're talking about political high ground. you're not talking about the substance. i want to ask you about libya. there is a procedural vote the first step on the kerry-minnesota cane resolution on libya what do you see there? >> it's around 5:30 p.m. today. it really is a procedural vote on the mccain-kerry libya resolution which says for one year the u.s. should allow -- there should be force in libya, u.s. backed force with no ground troops. to one democratic aide said they really don't know how this vote the going to come come out. there is specu
big things done, we can -- washington can still get big things done. this is about continuing to have a strong economy and continuing to compromise and take maybe a couple chapters out of tip o'neil, bob michael, ronald reagan, president clinton, people that have served in this town with distinction and gotten big things done through compromise. >> jay? >> some house republicans said that they've already compromised and that's what the boehner bill is, it is a compromise. >> well, i'm going to let jay -- >> oh, come on! >> i'm going to let jay do his job here. i'm not here to take his job. i'm here to try and put forth a message that in one of the highest unemployment sectors in the country, where we have friends and neighbors all over the country that are out of work during the construction season, they ought to go back to work. they shouldn't be held hostage. these projects shouldn't be held hostage, and we have 4,000 faa employees through no -- hardworking people that come to work every day and do their jobs. >> can you explain what the bottleneck is on the faa bill, from your pers
on cutting a big deal to take us through five to ten years, not just five or ten weeks. the problem, it seems to me, yesterday was a good example of it. you have questions tweeted to the president of the united states, questions delivered from the real world about housing problems, about i'm losing my house, my mortgage, what are we going to do. not policy questions from washington media members. the problem is that the president is dealing with a number of people who don't live in the real world. for example, eric cantor. no matter how many times he's been on and how many times we talk about rescinding the bush tax cuts, he calls it a tax increase. go to the grocery store and milk is on sale for $3.25. the next week it goes up to $3.75. it's not a hike in price, it's reverting back to the original price. they don't live in the real world. they just don't. >> he'll be on this morning so you can ask him again. >> we will ask him again. >> i would like to ask him what it is they offered yesterday that was different. the president talked about boehner's question being skewed. i put the question
boehner and president obama are still in contact. they are still working towards an agreement. big stumbling block, taxes still in the way, martin. >> i should explain, mike, that you're inside because there's a lot of rain outside the white house today. >> another major storm, that's right. >> absolutely. >> thanks so much. >> well, now that he's walked out of debt talks with vice president biden, taken a fight to president obama and clashed with speaker boehner, is there any compromise that will sit with house majority leader eric cantor? nbc's luke russert is covering that. republicans, what are they willing to sacrifice in order to reach an agreement? got a copy of the "washington post" which liberally quotes you, but have you been able to get an answer to your question yet? >> reporter: no, and they offer two explanations as to why, martin. number one, they say that a concession republicans are making is just in fact allowing the debt ceiling to go up because that's something that's so unpopular within the house republican caucus. the popular sentiment here in washington, d.c.
we all know the country needs which is the big deal. $4 trillion of deficit reduction to get our debt going down to put america on a stronger fiscal foundation going forward. that's really what's required. i believe it's still achievable. but we've got to change a little bit about how we talk about these things on both sides. >> you said at this point you think the president is right to threat tn veto. what if it's august 1st at midnight and approaching august 2nd, the markets are clamoring, would you still say that a short-term extension and continued talks are not the best option? >> you're a very good reporter. you pick up on nuance, don't you? >> we try. >> i don't want to bargain against my position. so i think it's critically important that the president continue to push for what we all know the country really needs. it's incumbent on both sides, on both sides to come together and do what's right for america. >> chairman conrad thank you very much. good to see you. >> good to see you. >> the big question looming over all of this and the debt talks is what will happen if a deal i
stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> coming up, is washington broken? former senator chuck hagel, mayor cory booker of newark, representative adam kinzinger, historian doris kearns goodwin and our own andr >>> and we're back with a special roundtable discussion this morning. joining me now, presidential historian doris kearns goodwin, host of msnbc's "andrea mitchell reports," our chief foreign affairs correspondent andrea mitchell, democratic mayor of newark, new jersey, cory booker, former republican senator chuck hagel of nebraska, and joining us for his first appearance on the program, republican congressman adam kinzinger. i didn't mess up the name. >> it's adam kinzinger, but that's all right. >> what'd i say? i'm sorry. >> it is my first time here. >> he was elected in 2010 with the tea party support and served as a captain in the air force, including tours in afghanistan and iraq. congressman, welcome very much. >> thanks. >> happy to have you. and welcom
pundits, there are more people who think they know everything about everything, and that's one of the big differences. that doesn't dismiss or excuse what happened between that exchange that you showed on the tv, but consensus is absolutely essential if we're to move this country along. >> go ahead. >> i'm sorry, i'm a little disgusted and a little angry because i see what's going on every day. we have a situation where the capitol is fiddling itself while the nation capitol is fiddling itself while the nation is burning. grandpare generation, during crisis, during the great depression, we we talk about our grandparents' generation, during crisis, during the great depression, we built the hoover dam, empire state building. and here i see in my cities around america and mine, infrastructure's crumbling around us. in that generation, we said we're going to go to the moon and we're going to do math and science and make sure our kids are prepared to go there. what's happening right now? nations are passing us in droves. over eight different countries now have a higher proportion of students g
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